THE PRINCE 2 METHOD

Session 3 – The Prince 2 Components

Overview

 P2 Risk
Management
 P2 Quality
 P2 Configuration
Management
 P2 Change Control
Overview

 P2 Risk
Management
 P2 Quality
 P2 Configuration
Management
 P2 Change Control
Risk Management

WHAT IS RISK? - DEFINITION

Risk Management
Risk Management
Risk Management
Risk Analysis

Prevention Reduction Transference

Contingency Acceptance
Risk Management
Risk Management

Planning Resourcing Monitoring Controlling

Overview

 P2 Risk
Management
 P2 Quality
 P2 Configuration
Management
 P2 Change Control
Quality
Quality
Prominent Throughout the Project:
Quality
Four Elements Make Up A Quality System:

1. Quality System
2. Quality Assurance
3. Quality Planning
4. Quality Control
Quality
Four Elements Make Up A Quality System:

1. Quality System
2. Quality Assurance
3. Quality Planning
4. Quality Control
Quality
Four Elements Make Up A Quality System:

1. Quality System
2. Quality Assurance
3. Quality Planning
4. Quality Control
•Policy Statement
•Organization
•Processes
•Procedures
Quality
Four Elements Make Up A Quality System:

1. Quality System
2. Quality Assurance
3. Quality Planning
4. Quality Control
•Function
•External to Project
Quality
Four Elements Make Up A Quality System:

1. Quality System
2. Quality Assurance
3. Quality Planning
4. Quality Control

Internal to Project
Quality
Four Elements Make Up A Quality System:

1. Quality System
2. Quality Assurance
3. Quality Planning
4. Quality Control

Internal and External to Project

Overview

 P2 Risk
Management
 P2 Quality
 P2 Configuration
Management
 P2 Change Control
Configuration Management
A configuration is a logically related set of products
that need to managed as a composite set
Configuration Management

Configuration management provide techniques

and procedures to:
1. Identify configuration items

2. Record status

3. Control distribution, record keeping and

version control arrangements

4. Deal with issues and changes, related to the

product(s)
 Configuration Management

In P2 configuration management is not optional and specify 5

functions:
1. Planning – which products should be controlled and at what level
2. Identification – of all sub components/products/deliverable
making up the final product
3. Control – when will a product status be frozen and if changed at
what level authority is required
4. Status accounting – ensuring that all historical and current data
are recorded and up to date
5. Verification – of records in relation to actual status of
products/components
Overview

 P2 Risk
Management
 P2 Quality
 P2 Configuration
Management
 P2 Change Control
 Change Control

 In P2 change is dealt with as

issues, and put forward a
techniques called ‘Change
Control” Key is who should
approve. If the Board can it will
play the role, but could also
delegate it to a change authority
who will approve within specified
tolerances. Key questions with
respect to change is:
 Who will approve

 At what level

 How will changes be funded

Change Authority